Ecuadorean President Rafael Correa said on Saturday he hopes Opec countries will reach an agreement to stabilize the oil market at the upcoming meeting in Algeria, warning of "serious risks" for the group if they do reach a deal.

Ecuadorean President Rafael Correa said on Saturday he hopes Opec countries will reach an agreement to stabilize the oil market at the upcoming meeting in Algeria, warning of "serious risks" for the group if they do reach a deal.

Iran and Ecuador on Wednesday discussed ways that the two countries can strengthen oil prices as Iran signals it may support joint efforts by exporters to prop up flagging crude.
Iran has been boosting output since Western sanctio

UAE-based DP World has won a 50-year concession for the development of a greenfield multi-purpose port project at Posorja, Ecuador. The total investment will be over $1 billion for the entire project.
The project will be set up 65

Cyber thieves who stole $12 million from an Ecuadorian bank in 2015 routed the funds through 23 companies registered in Hong Kong, some of them with no clear business activity, according to previously unreported court filings and judicial ruling

The death toll from Ecuador's devastating 7.8 magnitude earthquake last week has risen to 654 people, the country's emergency management authority said on Saturday.
Last Saturday's quake, the worst in nearly seven deca

A magnitude 6.2 earthquake shook Ecuador's already devastated Pacific coast before dawn on Wednesday, terrifying residents and hindering rescuers searching for survivors of an even bigger quake at the weekend which killed more than 500 peopl

A 6.2 earthquake shook the coast of Ecuador on Wednesday, just days after a bigger quake battered the area and killed nearly 500 people in a blow to the country's already fragile economy.
The latest earthquake hit 70 km (44 mi

The death toll from Ecuador's biggest earthquake in decades soared to 262 on Sunday as survivors cobbled together makeshift coffins to bury loved ones, lined up for water and sought shelter beside the rubble of their shattered homes.